NOT LISTED FOR SALE

Estimated Value: $1,811,000 - $2,002,000

4 Beds
3 Baths
2,656 Sq Ft
$710/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $1,085,000 $409 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,428/month

18 Days on Market

Highlights

  • New Construction
  • Spa
  • Deck
  • Rancho Canada Elementary School Rated A-
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of January 2021

Amara Residence 1 is a two-story single family plan with plenty of space for the whole family. The first floor houses the two-bay split garage, a full bedroom and bath (ideal for guests!) and the main living area, with open-concept kitchen, living room, dining room, and outdoor room with sliding glass doors. Upstairs, the owner's suite features two walk-in closets and spa-inspired bath complete with soaking tub. A spacious family room upstairs offers a chance for everyone to gather together for movies or playtime. The floor includes a laundry room for convenience and two additional bedrooms with a shared full bath with two sinks. Amara is a part of Lennar’s Everything’s Included® program, which offers a high level of upgraded appointments as standard such as GE Monogram® stainless-steel appliances with refrigerator, Amara quartz counter tops, upgraded cabinetry with soft-close hinges, energy-efficient solar panels, tank less water heater, LED lighting, and dual-glazed low-e windows. Amara homeowners will be within a few miles to retail shopping, convenient access to highways, and high-ranking Lake Forest schools. Residents will also be able to take advantage of the many amenities coming next year, including a resort-style clubhouse with beach-entry pool, hydro-therapy spa, BBQs, and pickle ball courts, plus additional neighborhood parks with basketball courts, playgrounds, and more. Plus NO MELLO-ROOS! Home ready for move-in.

Last Agent to Sell the Property

Derek Oie

KW VISION License #01089705 Listed on: 12/12/2020

KW VISION

Last Buyer's Agent

Roy Lhanie

Equity Union License #01854551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,087

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,290 Sq Ft Lot
  • Front Yard Sprinklers

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 2,656 Sq Ft Home
  • Great Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 18162

Community Details

Overview

  • Serrano Summit HOA, Phone Number (949) 672-9024
  • Seabreeze Management Company HOA
  • Built by Lennar
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,087

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949.423.3007
  • Property Attached: No
  • Subdivision Name Other: Amara at Serrano Summit
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2656.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 408.51
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Builder Name: Lennar
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Sport Court, Clubhouse, Maintenance Grounds
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Summit HOA
  • Phone: 949.672.9024
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Seabreeze Management Company

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 3290.00
  • Lot Size Acres: 0.0755
  • Latitude Manual: 33.65882700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3290.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 18162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Jan 12, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Parsi Arta and Parsi Shivana
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Roy Lhanie
Equity Union
List Price
$1,116,990
Sold Price
$1,085,000
Premium/Discount to List
-$31,990
-2.86%
Current Estimated Value
$1,885,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,879
Avg. Annual Appreciation
12.70%
Original Mortgage
$785,000
Outstanding Balance
$708,137
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,170,174
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parsi Arta $1,085,000 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsi Arta $785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $1,085,000 -2.9% $409 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/12/2020 12/12/20 For Sale $1,116,990 -- $421 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,087 $1,174,438 $468,445 $705,993
2024 $12,087 $1,151,410 $459,260 $692,150
2023 $11,803 $1,128,834 $450,255 $678,579
2022 $11,592 $1,106,700 $441,426 $665,274
2021 $10,676 $1,020,549 $383,540 $637,009
2020 $3,982 $368,558 $368,558 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20256571

California Regional Multiple Listing Service (CRMLS)

APN: 610-711-05